Australia and India need to become dependable development partners, where Australia recognises and responds to New Delhi's priorities of creating a New India, gaining influence on the global stage, and raising living standards at home

RCEP in its current form does not adequately address these concerns and joining it would have been unfair to the country's interests, says Union Commerce Minister Piyush Goyal

Talking about investments, he cautioned the e-commerce companies to follow the laws properly as millions of small traders are involved in the business in the country

The fund would also bag investments from institutions such as LIC and SBI, which would expand the corpus to Rs 25,000 crore.

Centre approves Rs 25,000 crore bailout fund for stalled housing projects, China says RCEP countries committed to work with India to resolve trade deal issues and other news on News Blast.

Nandan Nilekani on 'unethical practices' charges: 'Even God can't change Infosys numbers'Infosys Non-executive Chairman Nandan Nilekani has said that Infosys has \"very strong\" processes and that even \"God can't change the numbers of the company\". The statement came after the Infosys Non-executive Chairman, in a statement to the stock exchanges on Wednesday, said that the reports of allegations against the company co-founders were 'mischievous insinuations'. Addressing analysts...

Chinese Vice-Commerce Minister and top trade negotiator Wang Shouwen also expressed confidence that the differences on RCEP would be resolved by the end of this year

India pulled out of RCEP pact with Prime Minister Narendra Modi saying in Bangkok that his conscience does not permit to agree to the current form of free trade agreement.What is the RCEP and why is it important for India?

RCEP trade deal: China said that the agreement is conducive to Indian goods' entry into China and other participating markets.

China joined 14 countries this week in agreeing terms for RCEP, which could become the world's biggest free trade deal if officially signed next year as planned

Piyush Goyal said that the lesson to be learnt from these negotiations is that one should never finalise a trade agrement in a hurry like it was done in 2010-11 with Japan, Korea, and ASEAN

On Monday, India had announced that it will not join the RCEP, which is being negotiated between 10 ASEAN member countries and their six trade partners, after negotiations failed to address New Delhi's concerns on the biggest trade deal in the world

China also said it would welcome India joining the deal at an early date.